New India Investment Trust : NII – results

New India Investment Trust has released figures for the year ended 31 March 2014 showing a negative total return on net assets for the year of 1.9% which compares to a 2.8% fall in its benchmark and a negative 5.1% return on its share price. In Rupee terms returns were not too bad but a 21% fall in the Indian currency versus Sterling knocked performance.

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